Trump Goes Nuts in AM and Caves as It All Collapses
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I don't know about you, but but this doesn't feel like winning to me.
Waking up again this morning to see the Dow Jones crashing and our markets crashing once again, and then seeing Donald Trump in a panic reversing the trade war stuff that he previously threatened, that he previously reversed, that he previously threatened, that he previously reversed, that he previously threatened, and that he previously reversed, what making it endlessly about him as we the people are suffering each and every day up the doubt down about 1.21 percent as i'm recording this and then donald trump posts this for now he says the tariffs against mexico are going to be off he's not mentioning anything about canada although he did reverse the auto tariffs yesterday against canada so all tariffs off against mexico until though april 2nd and then we do this whole thing over and over again right that's the definition of insanity.
But then he attacks Prime Minister Trudeau.
I'll just read this for you briefly.
He goes, After speaking with President Claudius Scheinbaum of Mexico, I have agreed that Mexico will not be required to pay tariffs on anything that falls under the USMCA agreement.
This agreement is until April 2nd.
So the USMCA, the United States-Mexico-Canada agreement, the deal that you made during your first administration, which basically covers all of the goods.
You're saying that what, that you made a horrible deal and now you're saying that that deal holds.
But here's what he has to say about Prime Minister Trudeau and Canada, though.
Again, he posted this this morning as well.
He goes, believe it or not, despite the terrible job he's done for Canada, I think that Justin Trudeau is using the tariff problem, which he has largely caused in order to run again for prime minister.
So much fun to watch.
Exclamation point.
There's so much to break down there.
First off, so much fun to watch.
Exclamation point.
We're about 24 hours away.
Tomorrow on Friday, we expect there to be one of the most devastating job reports in recent history.
Americans are suffering right now.
We have the markets that are crashing each day, and then Donald Trump comes up with some other scam, and then it rises a bit, and then it crashes the next day.
We have GDP contraction right now.
The Atlanta Federal Reserve is saying that the GDP will go down in the first quarter somewhere near 3% where if literally Donald Trump did nothing and just put former President Biden's policies on overdrive, we could have had 3 to 4% growth.
And he's saying
so much fun to watch.
Secondly, Prime Minister Trudeau is not running for prime minister again.
If you have the most basic research about what's going on in Canada right now, you would know that there's a race for who's going to lead the Liberal Party right now and that there is going to be elections that are going to be held relatively soon.
And then this malignant narcissism from him, an abuser personality by Donald Trump, saying Trudeau caused the problems, the tariff problem, when Donald Trump arbitrarily and unilaterally put these tariffs on Canada and essentially declared war on our ally.
And he's blaming Prime Minister Trudeau for defending his people.
It is a shameful day once again to be an American right now based on these despicable statements and despicable behavior of this authoritarian regime that is now running our country and has essentially completed a coup or is attempting a coup of our democratic institutions.
It is absolutely despicable.
And as they're crashing the economy right now, you see what's happening.
You have like like Larry Kudlaw, who's on Fox Business and the revolving door of a Trump regime propagandist who then become Fox host and Fox host, who becomes somehow the freaking defense secretary of the United States, doing a horrible job, may I add?
So then Larry Kudlaw is like, things are crashing, but we know Trump had nothing to do with it.
Here, play this clip.
Some very, very smart people are telling me that the jobs number that's coming out, the February jobs number that's coming out Friday, could be flat, even negative, Brookie.
The GDP now tracker from the Atlanta Fed is showing, I mean, for the first quarter, a minus two and a half or minus 2.8%.
And we've had lousy numbers on things like housing and business investment.
My generic point here with respect to affordability and the economy is we're going to have to suffer through some bad news.
This is nothing to do with Trump.
Trump's program's not in you.
So then they bring on their snake oil salesman.
Which one, you may ask?
They bring on Howard Luttnick, and Howard Luttnick says,
look, you know, stock market goes up, stock market goes down.
That's not a big deal.
You know that we here never use the stock market as an indicator of success.
Really?
Because that's all Donald Trump has ever talked about before.
Here's Donald Trump's commerce secretary, Howard Luttnick.
Let's play it.
This, Secretary Lucknick, does the president want a rising stock market?
Because we do have stock 6% off the highs and confidence is being shaken here a little bit around business.
I know you guys wanted lower interest rates and you're getting that, but kind of for the wrong reasons because now there's worries about growth and potentially recession because of a trade war.
The president wants American growth and American prosperity.
Okay.
And the fact if the stock market goes down a half a percent or percent, it goes up a half a percent or percent, that is not the driving force of our outcome.
And then previously, Howard Luttnick would say, Well, look, you know, for if we want to solve our deficit, all we've got to do, all we've got to do is sell to the Russian oligarchs five to 10 million Trump gold cards, and voila, everything is dealt with.
Here, play this clip.
Selling,
you know, visas, the ability to have a green card to come to America.
Imagine if you sold a million of them, you'd pay off our deficit and have 15 trillion to spare.
Howard Luttnick is asked, so
you're focused on increasing robotics and increasing machinery, but how are you going to deal with the loss of jobs?
Here's what Luttnick said.
Let's play it.
All right, because robots usually replace people, but you think that ultimately it's going to create jobs.
Oh, I'm sure of it.
You're going to see that
my department is going to come out with a plan that has a guarantee.
If you go into the training program, you will be guaranteed a job.
So then we get more whining from Donald Trump.
He posts, massive trade deficit with the world just announced.
Compliments of sleepy Joe Biden.
I will change that.
I think you're changing a lot right now for the worse.
Donald Trump then posts.
The fake play the ref news, in order to get a great divide between me and our great U.S.
Supreme Court, heard me.
This is what he posted last night.
This was at 8.06 West Coast time.
So right before about 11 p.m., he was writing this.
Heard me say last night loudly and openly as I was walking past the justices on the podium, thank you to Chief Justice John Roberts.
Like most people, I don't watch fake news, CNN, or MSDNC, but I understand they are going crazy asking what it was that I was thanking Justice Roberts for.
He didn't just said thank you.
You said, I won't forget.
But let's listen to your lie.
He goes on and says, they never called me to ask, of course, but if they had, I would have told these sleazebag journalists, I would have told these sleazebags that I thanked him for swearing me in on Inauguration Day.
You mean when you never put your hand even on the Bible and you claim to be a religious person and doing really good job in doing so.
The fake news never quits.
Oh, that's what you meant when you told Chief Justice Roberts won't forget.
Not that he was the author of the majority opinion in a case that gave you absolute immunity, which you are now using to turn America into an authoritarian regime.
I'll just play that clip of what happened at the joint session address.
Play this clip.
Thank you again.
Thank you again.
Once again, it's all good.
Well, all this is going on too.
Donald Trump is emailing his supporters at 5.03 a.m.
in the morning saying, I asked my team to flag your response.
I need 3 million responses before midnight.
Ben, I asked my team to flag your response.
Did you vote for me in November?
Please don't forget question number three.
Finish the MAGA poll.
Respond to Trump.
I look forward to reading your response tonight.
And then when you click on it, it asks for money and to give Donald Trump donations for his joint campaign committee, even though he's not running for anything.
And then here you have Howard Luttnick further attacking Canada and saying that even though the data shows that only 43 pounds of fentanyl were seized at the Canadian border, he goes, it's much more than that.
Here, play this clip.
According to U.S.
Customs and Border Protection Agents, he only seized 43 pounds of fentanyl at the Canadian border last year.
So is that a metric?
Do we want to see that go down to zero?
How are you judging when they've done enough?
Well, how funny is that, right?
Like, if I seize less, you know,
does that mean like the stuff they haven't seized hasn't gone through?
Other news to report.
Donald Trump's administration is planning to revoke the temporary legal status for the 240,000 Ukrainians who fled the conflict with Russia.
A senior Trump official and three sources familiar with the matter said, told Reuters.
This means that the Ukrainians would be deported back to
Ukraine.
And then Musk's Doge terminated the lease at the Obama presidential library site.
And we are also learning this morning that there is a draft of a Trump executive order that will abolish the entire Department of Education.
The Secretary of Education, Lyndon McMahon, would be directed to take all necessary steps to facilitate the full closure of the Department of Education.
That's all that's happening this morning.
We will keep you posted with more here on the Midas Touch Network.
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